FocalPoint Partners, LLC, a middle-market investment bank, announced the addition of Shahriar Attaie, Director, to its Los Angeles office. Attaie becomes the latest addition to FocalPoint's growing team, representing the firm's 13th hire in the last twelve months. Attaie will augment the firm's existing Consumer efforts by expanding the firm's coverage of the fast-growing Personal Care and Beauty sectors.
Attaie has executed a wide variety of mergers and acquisitions, financial restructurings, and capital raises. With more than 17 years of investment banking and corporate finance experience, Attaie has held positions at Houlihan Lokey's Financial Restructuring Group, Libra Securities, Live Nation and most recently, Intrepid Investment Bankers. Attaie graduated with a B.A. in Economics from the University of California, Berkeley. Attaie has worked on a variety of transactions during his career, including numerous deals within the hair care, salon services/retail, personal care, and contract manufacturing sub-sectors of personal care and beauty.
Nishen Radia, Managing Partner said, "We are excited to announce Shahriar's addition to the FocalPoint team. His skill set complements our thriving Personal Care & Beauty practice, which is growing rapidly having closed a number of high profile transactions in the last few years. The market in Personal Care & Beauty has experienced significant growth, driven by robust repeat purchasing trends and brands' ability to engage directly with today's consumers via social media."
Recent FocalPoint transactions include the sale of Kate Somerville Skincare to Unilever, a growth financing for BH Cosmetics and the sale of Physicians Formula.
"I am excited to join the FocalPoint team. Our expanded practice boasts a comprehensive skill-set and deep experience in the color cosmetics, skin care, personal care, hair care, contract manufacturing and salon services/retail sectors," said Shahriar Attaie. "FocalPoint represents one of the best platforms in the middle market with a breadth of mergers and acquisitions, financial restructuring and capital raising services and I look forward to working with its high-quality team."